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Tip of the Day Make Your Home More Energy Efficient

Make Your Home More Energy Efficient - There are many ways to save money around your home. These can range anywhere from insulating your hot water tank to prevent...

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Fund of Funds

Definition: This is a mutual fund or hedge fund that invests in other funds rather than in individual securities.

Advice: Fund of funds are thought to be attractive because they offer greater diversification and can select the best mutual funds to invest in.

However, it's important to realize that you may be paying twice as much in expenses (the individual mutual funds and the fund of funds both likely charge fees).

 

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Definition of the Day Little Board

Little Board - Little Board is a slang term referring to the American Stock Exchange (AMEX). It also described any exchange that is not the New York Stock Exchange (NYSE). Little board was to refer to the New York Consolidated Stock and Petroleum Exchange, which closed its doors in the...

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